it is entirely possible for your domain to be seized…How To Install Namecoin Wallet For Osx… You’re renting it from the domain computer system registry and they have full control over what happens with your domain name. I have actually spoken about this sanctioned monopoly system before which you can find out more about in my “Domain frequently asked question” video however you do not own your domain name. It’s actually difficult to own a traditional domain name. You may have observed, I stated conventional domain name because a business’s dealing with a brand-new type of domain name that you can own outright. I had the possibility to interview Brad Kam the co-founder of Unstoppable Domains to talk more about the future of the decentralized web. And no this video is not sponsored, I just thought this was actually, really cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain on blockchains and this is various than a conventional domain since the domain name is kept by you, the user within your cryptocurrency wallet. So it’s saved within your wallet, similar to a cryptocurrency would be. And what this does is it indicates that nobody else can move the domain around, take it away from you, make updates to the domain, anything. Unstoppable Domains can’t do it, nobody can do it.
– Right now, when you go to acquire a domain name you do not in fact own it. You’re renting it from a domain registrar like Namecheap and they’re leasing it at wholesale pricing from the domain computer registry. If it’s a.com domain you’re trusting the pc registry not to alter prices or take the domain away from you in the future.
– Of course a brand-new type of domain name means that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a totally various domain name system, suggesting you can’t type craylor.crypto into your web browser and load it or can you?
In this case, a domain. Now I’m not declaring to comprehend all the technical specifics of this new domain system. To be sincere, I still have problem with some of the principles of cryptocurrency, and I’m not a professional in this area. Today we’re not focusing as much on the technical side of NFT domains but more on what it suggests for the future of the internet. The greatest bottleneck is that internet web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet executed assistance for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare adding support for their domains.